It's time for a fuel duty regulator
The Courier is calling for the establishment of a fuel duty regulator to help minimise the impact of rocketing oil prices on Scotland.
- By David Clegg, political reporter
- Published in the Courier : 18.01.11
- Published online : 18.01.11 @ 09.53am
The move comes amid growing concern over fuel costs, with petrol now over £1.30 a litre at many pumps.
The paper is backing proposals for a fuel duty regulator — a Tory pledge at last year's General Election — which would cut the duty levied by the government when oil prices rise.
The reverse would happen when prices fall.
We believe this is the best way to ensure Scottish families and businesses are able to cope with rising fuel costs and keep the economy moving.
If you agree with us, please show your support by completing the petition below.
02.01pm - 18.01.2011 Kev - Dundee, United Kingdom Report This
Government can't interfere with the price private companies charge for a product. The government in their right can reduce the tax they force these retailers to pay (which you assume would prompt retailers to lower prices & become more competitive) but you can't cap what a private company can charge
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